INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Syrian refugees stranded in Gaza ‘prison’ for a decade

More than half of Gaza's roughly two million population are descended from Palestinian refugees who fled their homes when Israel...
  • Gaza may seem an unlikely destination for those fleeing conflict
  • The coastal Palestinian territory has been blockaded by Israel since 2007 when Hamas took power

Curtain falls on Saudi’s first major film festival

The event, where 138 films were screened from 67 countries, was organized four years after the kingdom lifted a decades-old...
  • The festival opened a day after Jeddah hosted its first Formula One Grand Prix, also an attempt to portray Saudi Arabia in a different light
  • The rise of Saudi Arabia's de facto ruler, Crown Prince Mohammed bin Salman, in 2017 has ushered in a number of reforms

Abu Hamdan sets sights on Jordanian underworld

'Boomah (Owl)' is based on research that has been carried out by Abu Hamdan into three female ‘thugs’ who shook...
  • Abu Hamdan has been awarded a $100,000 production grant by the Red Sea Lodge.
  • In total, 12 projects were selected to take part in the Red Sea Lodge, including six from Saudi Arabia and six from Egypt, Jordan, Kuwait and Lebanon.

An Iraqi party files a fraud case against Iraq election results

A case filed by the Hashed al-Shaabi former paramilitary alliance contesting its defeat in Iraq's October 10 parliamentary election opened...
  • Judge Jassem Mohamed Aboud, whose court must rule on the complaint before final results are ratified and a new parliament is inaugurated, adjourned the case until December 22
  • Shiite Muslim firebrand cleric Moqtada Sadr was declared on November 30 as the biggest winner of the election

Two missing after ships collide south of Sweden

Two people were missing on Monday after two cargo ships collided in waters south of Sweden in the early morning...
  • Nine boats as well as a rescue helicopter were searching for the missing sailors in the cold water
  • The ships were sailing under British and Danish flags

China’s SenseTime postpones Hong Kong IPO after US blacklisting

The US Treasury announced the ban on Friday, saying SenseTime's facial recognition programmes were designed in part to be used...
  • The US Treasury announced the ban on Friday, saying SenseTime's facial recognition programmes were designed in part to be used against Uyghurs
  • SenseTime strongly criticised the latest blacklisting, saying in a statement over the weekend it was "caught in the middle of geopolitical tension."

Only united front can eradicate global sports corruption: Frattini

The 64-year-old Italian, who now chairs SIGA, said organised crime was highly interested in sport because it was “a very...
  • The 64-year-old Italian, who now chairs SIGA, said organised crime was highly interested in sport because it was “a very profitable field” for them
  • He said all sides, ranging from civil society to broadcasters, needed to come together to ensure a lack of integrity in sports betting is addressed

Saudi Arabia eyes budget surplus after years of deficit

Total expenditures were budgeted at SAR955 billion, and revenues at SAR1.045 trillion, giving a surplus of SAR90 billion.
  • The Saudi budget surplus projections come with higher global crude prices
  • This is despite worries about the coronavirus variant Omicron that is spreading worldwide

Israel PM Bennett meets Abu Dhabi crown prince

This is the first official visit by an Israeli prime minister to the UAE. It comes a year after the...
  • The UAE last year became the third majority Arab nation to establish full diplomatic with Israel, after its neighbors Egypt and Jordan.
  • Bahrain and Morocco then followed as part of a series of deals brokered by former US president Donald Trump.

Iran will help in reconstruction of Syria, considers it ally: Official

Iran's Vice President for parliamentary affairs, Mohammad Hosseini said his country stood by Syrian people and government to the best...
  • Hosseini made the remarks on Saturday in a meeting with Syria's ambassador to Tehran Shafiq Dayoub
  • The official said he hoped the US troops would leave Syria and Iraq at the earliest, as they were forced to leave Afghanistan after 20 years

IBM claims ‘real world’ edge in quantum computing race

San Francisco, United States -- Technology veteran IBM on Tuesday laid out a plan to have a "practical" quantum computer...

Company News

Latest News

South Africa’s genocide case against Israel explained

At this stage, the ICJ is only deciding whether to impose emergency orders on Israel ("provisional measures" in the court's...

UN court says Israel must prevent genocidal acts in Gaza

The top UN court said Israel should do everything it could to prevent any acts of genocide in the Gaza...

Son faces Saudis, Palestine make history in Asian Cup last 16

The knockout phase begins on Sunday when Australia play Indonesia, followed the same day by the United Arab Emirates against...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Alaska Airlines to take US$150m hit

It grounded the Boeing 737 MAX after in-flight safety episode.
  • The airline's financial hit is the latest ripple effect from the episode, which prompted regulators to ground 171 MAX 9 planes
  • With 65 planes affected by the grounding, Alaska Airlines expects to bring the jets back into service beginning Friday

CIA chief heading to Europe for Gaza negotiations: US media

According to Axios, Israel has offered Hamas a two-month pause in fighting in Gaza in exchange for the release of...

French court censures parts of controversial immigration law

PARIS, FRANCE - France's top constitutional authority on Thursday rejected parts of a controversial immigration bill adopted under pressure from the...
  • The bill is a flagship reform of President Macron's second term but its text, hardened under pressure from the right, caused a revolt among ruling party's lawmakers.
  • Around a quarter of the 251 lawmakers in Macron's camp voted against the bill or abstained, and several left-wing ministers have registered their opposition to the bill.